Dopkins Wealth Management LLC Purchases 22,493 Shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM)

Dopkins Wealth Management LLC lifted its holdings in shares of iShares MSCI Intl Momentum Factor ETF (NYSEARCA:IMTM) by 116.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 41,889 shares of the company’s stock after buying an additional 22,493 shares during the period. iShares MSCI Intl Momentum Factor ETF makes up about 0.8% of Dopkins Wealth Management LLC’s holdings, making the stock its 27th largest holding. Dopkins Wealth Management LLC’s holdings in iShares MSCI Intl Momentum Factor ETF were worth $1,567,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of IMTM. Signaturefd LLC bought a new position in iShares MSCI Intl Momentum Factor ETF in the 4th quarter valued at about $102,000. Valued Retirements Inc. increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 4.5% during the fourth quarter. Valued Retirements Inc. now owns 23,389 shares of the company’s stock worth $875,000 after purchasing an additional 1,005 shares during the period. Harbour Investments Inc. increased its holdings in shares of iShares MSCI Intl Momentum Factor ETF by 31.9% during the fourth quarter. Harbour Investments Inc. now owns 7,802 shares of the company’s stock worth $292,000 after purchasing an additional 1,888 shares during the period. Impact Capital Partners LLC bought a new position in shares of iShares MSCI Intl Momentum Factor ETF during the fourth quarter worth approximately $2,652,000. Finally, Sequoia Financial Advisors LLC bought a new position in shares of iShares MSCI Intl Momentum Factor ETF during the fourth quarter worth approximately $16,909,000.

iShares MSCI Intl Momentum Factor ETF Trading Up 1.2 %

Shares of IMTM opened at $40.99 on Tuesday. iShares MSCI Intl Momentum Factor ETF has a 12 month low of $34.65 and a 12 month high of $41.20. The firm’s 50 day moving average is $39.42 and its 200-day moving average is $39.21. The stock has a market capitalization of $2.45 billion, a PE ratio of 20.52 and a beta of 0.80.

About iShares MSCI Intl Momentum Factor ETF

The iShares MSCI Intl Momentum Factor ETF (IMTM) is an exchange-traded fund that is based on the MSCI World ex USA Momentum index. The fund tracks an index of large- and mid-cap stocks from developed countries, ex-US. The momentum-selected stocks are weighted by market cap and momentum. IMTM was launched on Jan 13, 2015 and is managed by BlackRock.